Examlex
Because of the benefits that it conferred on labor, Samuel Gompers called the ____ "labor's Magna Charta."
Collection Time
The average period that it takes for a business to receive payments owed, in terms of receivables, from its customers and clients.
Preauthorized Payments
Financial arrangements allowing a payee to automatically withdraw money from a payer's bank account for recurring bills or subscriptions.
Collection Time
The duration it takes for a business to receive payments owed by its customers.
Lockbox System
A service provided by banks to companies for the receipt of payment from customers, whereby payments are sent directly to a post office box, rather than to the company, to expedite the deposit process.
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